PagerDuty (PD)
Market Price (8/1/2026): $10.58 | Market Cap: $832.1 MilSector: Information Technology | Industry: Application Software
PagerDuty (PD)
Market Price (8/1/2026): $10.58Market Cap: $832.1 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 18%, FCF Yield is 14% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23% Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -122% | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 52% Key risksPD key risks include [1] intense competition from larger, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 18%, FCF Yield is 14% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 23% |
| Megatrend and thematic driversMegatrends include Cloud Computing, Artificial Intelligence, and Automation & Robotics. Themes include Software as a Service (SaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -122% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 18% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 52% |
| Key risksPD key risks include [1] intense competition from larger, Show more. |
Qualitative Assessment
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PagerDuty (PD) stock has gained about 60% since 4/30/2026 because of the following key factors:
1. PagerDuty (PD) reported stronger-than-expected financial results for its fiscal Q1 2027, which ended April 30, 2026.
The company announced its fiscal Q1 2027 earnings on May 28, 2026, exceeding revenue and non-GAAP operating margin guidance. Revenue reached $121.0 million, a 1.0% increase year-over-year. Non-GAAP diluted earnings per share (EPS) of $0.32 significantly beat analyst estimates of $0.20 by 60.00%. Notably, PagerDuty achieved its fourth consecutive quarter of GAAP profitability, with a net income of $10.2 million and GAAP diluted EPS of $0.13, a substantial improvement from a loss of $0.07 per share in fiscal Q1 2026.
2. The company issued an optimistic outlook for fiscal year 2027 and initiated a share repurchase program.
Following the strong Q1 results, PagerDuty raised its non-GAAP net income per diluted share guidance for the full fiscal year 2027 to $1.27 - $1.32, an increase from its previous guidance of $1.23 - $1.28. Additionally, PagerDuty's Board of Directors authorized a $100 million share repurchase program, allowing the company to buy back up to 16.4% of its outstanding stock, demonstrating confidence in its valuation and future financial performance.
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PagerDuty (PD) stock has gained about 60% since 4/30/2026 because of the following key factors:
1. PagerDuty (PD) reported stronger-than-expected financial results for its fiscal Q1 2027, which ended April 30, 2026.
The company announced its fiscal Q1 2027 earnings on May 28, 2026, exceeding revenue and non-GAAP operating margin guidance. Revenue reached $121.0 million, a 1.0% increase year-over-year. Non-GAAP diluted earnings per share (EPS) of $0.32 significantly beat analyst estimates of $0.20 by 60.00%. Notably, PagerDuty achieved its fourth consecutive quarter of GAAP profitability, with a net income of $10.2 million and GAAP diluted EPS of $0.13, a substantial improvement from a loss of $0.07 per share in fiscal Q1 2026.
2. The company issued an optimistic outlook for fiscal year 2027 and initiated a share repurchase program.
Following the strong Q1 results, PagerDuty raised its non-GAAP net income per diluted share guidance for the full fiscal year 2027 to $1.27 - $1.32, an increase from its previous guidance of $1.23 - $1.28. Additionally, PagerDuty's Board of Directors authorized a $100 million share repurchase program, allowing the company to buy back up to 16.4% of its outstanding stock, demonstrating confidence in its valuation and future financial performance.
3. Strategic initiatives focusing on AI-first operations and new pricing models gained traction.
PagerDuty emphasized its "expanding AI offers" and the introduction of a new "Operations Cloud usage-based package" as key drivers for accelerating long-term growth. This strategic shift towards AI-first digital operations management and flexible usage-based pricing models, including multi-year platform agreements, is seen as strengthening the company's platform and securing more strategic commitments from customers, which analysts view as moderate catalysts for future revenue expansion.
4. Key leadership changes were announced to steer the company's next growth phase.
John DiLullo was appointed Chief Executive Officer, effective May 11, 2026, with Jennifer Tejada transitioning to Executive Chair of the Board of Directors. Furthermore, Eric Prengel was named Chief Financial Officer, effective June 22, 2026. These leadership appointments are expected to provide new direction and momentum as PagerDuty navigates its strategic priorities and aims for continued growth.
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Stock Movement Drivers
Fundamental Drivers
The 59.1% change in PD stock from 4/30/2026 to 7/31/2026 was primarily driven by a 32.7% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 7312026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.65 | 10.58 | 59.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 493 | 494 | 0.2% |
| Net Income Margin (%) | 35.2% | 37.6% | 6.9% |
| P/E Multiple | 3.4 | 4.5 | 32.7% |
| Shares Outstanding (Mil) | 88 | 79 | 11.9% |
| Cumulative Contribution | 59.1% |
Market Drivers
4/30/2026 to 7/31/2026| Return | Correlation | |
|---|---|---|
| PD | 59.1% | |
| Market (SPY) | 3.9% | 1.0% |
| Sector (XLK) | 9.9% | -1.4% |
Fundamental Drivers
The -0.2% change in PD stock from 1/31/2026 to 7/31/2026 was primarily driven by a -29.4% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 7312026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.60 | 10.58 | -0.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 489 | 494 | 0.9% |
| Net Income Margin (%) | 31.7% | 37.6% | 18.6% |
| P/E Multiple | 6.3 | 4.5 | -29.4% |
| Shares Outstanding (Mil) | 93 | 79 | 18.0% |
| Cumulative Contribution | -0.2% |
Market Drivers
1/31/2026 to 7/31/2026| Return | Correlation | |
|---|---|---|
| PD | -0.2% | |
| Market (SPY) | 8.3% | 12.7% |
| Sector (XLK) | 22.0% | 12.8% |
Fundamental Drivers
The -34.4% change in PD stock from 7/31/2025 to 7/31/2026 was primarily driven by a -45.5% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 7312026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.12 | 10.58 | -34.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 476 | 494 | 3.7% |
| P/S Multiple | 3.1 | 1.7 | -45.5% |
| Shares Outstanding (Mil) | 91 | 79 | 16.2% |
| Cumulative Contribution | -34.4% |
Market Drivers
7/31/2025 to 7/31/2026| Return | Correlation | |
|---|---|---|
| PD | -34.4% | |
| Market (SPY) | 19.2% | 15.1% |
| Sector (XLK) | 34.0% | 13.5% |
Fundamental Drivers
The -59.2% change in PD stock from 7/31/2023 to 7/31/2026 was primarily driven by a -72.4% change in the company's P/S Multiple.| (LTM values as of) | 7312023 | 7312026 | Change |
|---|---|---|---|
| Stock Price ($) | 25.92 | 10.58 | -59.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 389 | 494 | 27.0% |
| P/S Multiple | 6.1 | 1.7 | -72.4% |
| Shares Outstanding (Mil) | 92 | 79 | 16.4% |
| Cumulative Contribution | -59.2% |
Market Drivers
7/31/2023 to 7/31/2026| Return | Correlation | |
|---|---|---|
| PD | -59.2% | |
| Market (SPY) | 68.9% | 38.0% |
| Sector (XLK) | 100.3% | 33.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PD Return | -17% | -24% | -13% | -21% | -28% | -21% | -75% |
| Peers Return | 37% | -50% | 63% | 12% | -24% | 4% | -1% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 98% |
Monthly Win Rates [3] | |||||||
| PD Win Rate | 42% | 58% | 50% | 33% | 50% | 43% | |
| Peers Win Rate | 57% | 28% | 60% | 53% | 35% | 49% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| PD Max Drawdown | -45% | -48% | -44% | -34% | -41% | -56% | |
| Peers Max Drawdown | -29% | -58% | -31% | -34% | -44% | -43% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: NOW, TEAM, DDOG, DT, GTLB. See PD Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/31/2026 (YTD)
How Low Can It Go
| Event | PD | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -11.8% | -7.8% |
| % Gain to Breakeven | 13.4% | 8.5% |
| Time to Breakeven | 102 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -19.6% | -9.5% |
| % Gain to Breakeven | 24.3% | 10.5% |
| Time to Breakeven | 75 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -41.5% | -33.7% |
| % Gain to Breakeven | 70.9% | 50.9% |
| Time to Breakeven | 42 days | 140 days |
In The Past
PagerDuty's stock fell -11.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 13.4% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | PD | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -41.5% | -33.7% |
| % Gain to Breakeven | 70.9% | 50.9% |
| Time to Breakeven | 42 days | 140 days |
In The Past
PagerDuty's stock fell -11.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 13.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About PagerDuty (PD)
PagerDuty, Inc. operates a digital operations management platform designed to help organizations maintain the continuous operation and health of their critical software systems and digital services. The platform works by collecting real-time "digital signals" from a wide array of software-enabled systems and devices. It then leverages advanced machine learning to intelligently correlate, process, and analyze this data, enabling it to predict potential issues and rapidly identify actual incidents. This capability allows businesses to proactively manage and efficiently resolve digital operational challenges, thereby minimizing service disruptions and ensuring system reliability.
The company's primary offering is its comprehensive digital operations management platform, which provides essential tools for incident response, on-call management, automation, and performance insights. This suite of features empowers development, operations, and IT teams to detect, diagnose, and resolve critical issues across their entire IT infrastructure and applications more effectively. PagerDuty serves a diverse range of industries that heavily depend on robust digital operations, including software and technology, telecommunications, retail, travel and hospitality, media and entertainment, and financial services, providing crucial support for their uninterrupted digital service delivery.
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Here are 1-3 brief analogies to describe PagerDuty:
- It's like ADT for your company's software, constantly monitoring for critical issues and alerting the right team immediately.
- It's like Google Maps for your company's IT operations, providing real-time visibility into problems and guiding teams to solutions.
- It's like AccuWeather for your software systems, using machine learning to predict potential outages and help you prevent them.
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- Incident Management Platform: Enables real-time detection, triaging, and resolution of critical incidents across IT systems and applications.
- AIOps: Utilizes machine learning to correlate digital signals, identify patterns, predict issues, and reduce alert noise for proactive operations.
- Automation: Provides automated workflows and runbooks to streamline incident response, operational tasks, and accelerate problem resolution.
- Customer Service Operations: Extends real-time operational visibility and response capabilities to enhance customer support and experience by connecting support teams with operational incidents.
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PagerDuty primarily sells its digital operations management platform to other companies (Business-to-Business or B2B). Some of its major customers, which span various industries, include:
- Zoom Video Communications (Symbol: ZM)
- Netflix (Symbol: NFLX)
- Shopify (Symbol: SHOP)
- Atlassian (Symbol: TEAM)
- Salesforce (Symbol: CRM)
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- Amazon.com, Inc. (AMZN) - (for Amazon Web Services)
- Twilio Inc. (TWLO)
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Jennifer Tejada, Chairperson and CEO
Jennifer Tejada has a successful track record in product innovation, optimizing operations, and scaling public and private enterprise technology companies over 25 years. Prior to her role at PagerDuty, she was CEO of Keynote Systems, where she led the company to strong, profitable growth before its acquisition by Dynatrace. She was also Executive Vice President and Chief Strategy Officer at Mincom, leading its global strategy up to its acquisition by ABB. She has held senior positions at Procter & Gamble and i2 Technologies. Tejada is also an active tech investor.
Howard Wilson, Chief Financial Officer
Howard Wilson leads PagerDuty's internal and strategic execution, building and directing the finance organization to support the company's growth. He brings more than 20 years of experience in software, services, and operational management to his role. Before becoming CFO in 2018 (after serving as acting CFO from December 2017), he was PagerDuty's Chief Commercial Officer. Prior to joining PagerDuty, he oversaw the SaaS business at Dynatrace and was the Chief Operating Officer at Keynote Systems. Wilson also served as Senior Vice President of Field Operations at Ventyx and spent 14 years in various senior leadership roles at Oracle.
Jeff Hausman, Chief Product Development Officer
Jeff Hausman joined PagerDuty in February 2024, where he is responsible for the company's product strategy, product management, engineering, design, and user experience. Before PagerDuty, Hausman was the Chief Product Officer at Samsara. He previously served as ServiceNow Senior Vice President and General Manager of the Operations Management Portfolio and has over 25 years of experience leading product development as a senior executive across a wide range of products at McAfee, Symantec, Hewlett-Packard, and Veritas.
Katherine Post Calvert, Chief Marketing Officer
Katherine Post Calvert joined PagerDuty as Chief Marketing Officer in May 2022. She has over 20 years of leadership experience in global marketing strategy, branding, product marketing, campaign management, demand generation, and marketing automation. Prior to PagerDuty, Calvert served as CMO at Khoros, a customer engagement platform provider, where she led the global marketing strategy. She also served as CMO of Advent Software.
Tim Armandpour, Chief Technology Officer
Tim Armandpour is the Chief Technology Officer at PagerDuty, where he leads the company's long-term technology strategy, architecture vision, security, and technology research. He brings a 20-year history of applying technological innovation to maximize value to users. Before joining PagerDuty, Tim led product management and engineering teams at Yapstone, a global payment solutions provider, and global engineering teams at PayPal.
AI Analysis | Feedback
The key risks to PagerDuty's business are primarily centered around its decelerating revenue growth, intense market competition, and reliance on its core incident management product.
1. Decelerating Revenue Growth and Customer Retention Challenges
PagerDuty has been experiencing slowing growth rates, with concerns raised by analysts regarding high churn rates and stagnant revenue growth. The company faces increased challenges in expanding within existing customer accounts and attracting new ones, particularly in a tighter IT spending environment. This risk indicates that revenue growth may continue to decelerate, fluctuate, or decline, which could negatively affect the company's stock price.
2. Intense Market Competition and Need for Technological Adaptation
The digital operations management market in which PagerDuty operates is highly competitive. The company faces substantial competition from both established players and new entrants, particularly those leveraging emerging artificial intelligence (AI) technologies. PagerDuty's ability to compete effectively, retain and attract new customers, and continuously adapt its platform to rapid technological changes, evolving industry standards, and changing customer needs is critical to its operating results.
3. Reliance on a Single Product Line
A significant majority of PagerDuty's revenue is derived from its incident management product. This concentration makes the company vulnerable to competitive threats and technological shifts. If demand for this core product were to decline due to factors like increased competition, evolving technology, or changing customer preferences, it could adversely affect PagerDuty's revenue and overall financial performance.
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The clear emerging threat for PagerDuty is the increasing integration of incident management, on-call automation, and AIOps capabilities directly into larger, existing IT operations management (ITOM), observability, and IT service management (ITSM) platforms offered by major competitors.
Companies like Datadog, Splunk, and ServiceNow are actively expanding their platforms with features that directly compete with PagerDuty's core offerings. For instance, observability platforms are adding sophisticated incident response and on-call scheduling, while ITSM giants are enhancing their AIOps and workflow automation. This trend towards platform consolidation could reduce the need for PagerDuty as a standalone solution, especially for enterprises that prefer a single, integrated vendor for their operational tooling.
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PagerDuty (symbol: PD) estimates its total addressable market to be $50 billion globally.
This market opportunity encompasses several key areas:
- Developers, driven by digital services and software-driven innovation, account for an estimated 30 million users.
- Infrastructure and Operations, undergoing modernization with digital transformation, cloud adoption, and DevOps, represent approximately 23 million users.
- Customer Service, with a push for improving cost-efficiency and productivity through self-service and automation, has about 28 million users.
- SecOps, a smaller but influential population focused on protecting technology, data, employees, and customers, includes an estimated 6 million users.
PagerDuty believes it has approximately 1% penetration worldwide within these markets. The company serves over 20,000 customers globally, including more than 65% of the Fortune 100.
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PagerDuty (PD) is expected to drive future revenue growth over the next 2-3 years through several key strategic initiatives and product expansions.
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Product Expansion with AI and Automation Capabilities: PagerDuty is focusing on broadening its digital operations management platform beyond core incident alerting to include advanced AI operations (AIOps), automation, customer service operations (CSOps), and comprehensive incident response solutions. The company is actively integrating generative AI capabilities, such as Incident Workflows, Incident Roles and Tasks, and Incident Types, as well as developing Agentic AI offerings like Agentic Site Reliability Engineer and Operational Insights. This expansion aims to address a wider range of workflows and personas, creating significant upsell and cross-sell opportunities for existing customers.
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Enterprise and Multi-Product Customer Expansion: A significant driver of revenue growth is the continued focus on expanding PagerDuty's presence within large enterprise accounts. Management emphasizes securing multi-year, multi-product strategic deals with these customers. This strategy aims to increase the number of customers contributing over $100,000 in annual recurring revenue (ARR) and to boost the adoption of multiple PagerDuty products, fostering durable net expansion.
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Transition to Consumption-Based "Flex" Pricing Models: PagerDuty is strategically shifting away from traditional seat-based licensing to more flexible, consumption-led pricing models. This "flex" pricing is designed to reduce friction for customers, allowing the platform to scale more efficiently across human responders, automated solutions, and various agents. This transition is expected to enable customers to explore new use cases beyond traditional digital operations, potentially including areas like manufacturing and broader AI operations, thereby driving gradual ARR improvement.
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Strategic Partnerships and Ecosystem Integrations: PagerDuty is actively pursuing and leveraging strategic partnerships with major technology companies, including Amazon Web Services (AWS), Microsoft Azure, and ServiceNow. These alliances, along with over 700 integrations across cloud, observability, IT service management (ITSM), and security ecosystems, are crucial for expanding market reach and driving new customer acquisition. A notable partnership involves integrating PagerDuty Advance with Amazon Q Business and Amazon Bedrock to enhance AI capabilities and expand the customer base.
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Share Repurchases
- PagerDuty's Board of Directors approved an increase in the company's share repurchase program to $200 million on August 28, 2025.
- In March 2025, a new share repurchase program of up to $150 million of common stock was authorized.
- A $100 million share repurchase program was completed in May 2024.
Outbound Investments
- In November 2023, PagerDuty completed the acquisition of Jeli, Inc., a cloud-based business intelligence and incident analysis platform, to enhance its incident management solution.
- PagerDuty acquired Catalytic for no-code workflows in 2022.
Capital Expenditures
- PagerDuty's latest twelve months capital expenditure was $6.93 million as of June 2025.
- Capital expenditures reached their peak in 2023.
- In the most recent quarter, capital expenditures totaled -$0.74 million USD.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Cash Machine Trading Cheap - PagerDuty Stock Set to Run? | 01/17/2026 | |
| PagerDuty Earnings Notes | 12/16/2025 | |
| Is PagerDuty Stock Built to Withstand More Downside? | 11/27/2025 | |
| Time To Buy PagerDuty Stock? | 11/27/2025 | |
| PD Dip Buy Analysis | 07/10/2025 | |
| Day 10 of Gains Streak for PagerDuty Stock with 15% Return (vs. -12% YTD) [7/8/2025] | 07/09/2025 | |
| PagerDuty Total Shareholder Return (TSR): -21.8% in 2025 and -17.5% 3-yr compounded annual returns (below peer average) | 03/07/2025 | |
| PagerDuty vs. S&P500 Correlation | 10/03/2024 | |
| PagerDuty Price Volatility | 09/24/2024 | |
| Fundamental Metrics: ... | 06/19/2024 | |
| ARTICLES | ||
| Stocks Trading At 52-Week Low | 02/20/2026 | |
| PagerDuty Stock: Strong Cash Flow Poised for a Re-Rating? | 01/17/2026 | |
| PagerDuty Stock To $15? | 11/27/2025 | |
| Market Movers | Winners: KTTA, ZYXI, KALA | Losers: GORV, WHLR, PD | 11/27/2025 | |
| PD Stock Up 15% after 10-Day Win Streak | 07/09/2025 |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 72.67 |
| Mkt Cap | 9.5 |
| Rev LTM | 2,845 |
| Op Inc LTM | 0 |
| FCF LTM | 744 |
| FCF 3Y Avg | 628 |
| CFO LTM | 838 |
| CFO 3Y Avg | 697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 23.5% |
| Rev Chg 3Y Avg | 22.6% |
| Rev Chg Q | 23.6% |
| QoQ Delta Rev Chg LTM | 5.4% |
| Op Inc Chg LTM | 26.0% |
| Op Inc Chg 3Y Avg | 39.2% |
| Op Mgn LTM | 2.2% |
| Op Mgn 3Y Avg | -1.4% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 27.6% |
| CFO/Rev 3Y Avg | 27.2% |
| FCF/Rev LTM | 26.2% |
| FCF/Rev 3Y Avg | 25.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 9.5 |
| P/S | 5.0 |
| P/Op Inc | -56.8 |
| P/EBIT | 9.5 |
| P/E | 2.3 |
| P/CFO | 21.2 |
| Total Yield | 0.7% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.5% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.3% |
| 3M Rtn | 32.8% |
| 6M Rtn | -0.8% |
| 12M Rtn | -27.8% |
| 3Y Rtn | -24.3% |
| 1M Excs Rtn | 5.2% |
| 3M Excs Rtn | 47.7% |
| 6M Excs Rtn | -8.5% |
| 12M Excs Rtn | -47.9% |
| 3Y Excs Rtn | -87.1% |
Comparison Analyses
Price Behavior
| Market Price | $10.58 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 04/11/2019 | |
| Distance from 52W High | -38.4% | |
| 50 Days | 200 Days | |
| DMA Price | $9.42 | $10.07 |
| DMA Trend | down | up |
| Distance from DMA | 12.3% | 5.0% |
| 3M | 1YR | |
| Volatility | 89.9% | 68.0% |
| Downside Capture | -13.34 | 167.20 |
| Upside Capture | 151.54 | 84.80 |
| Correlation (SPY) | 1.1% | 14.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.04 | 0.10 | 0.07 | 0.72 | 0.80 | 1.31 |
| Up Beta | -6.08 | -1.45 | -3.39 | -1.24 | -0.30 | 1.16 |
| Down Beta | -1.56 | -0.05 | 0.34 | 0.08 | 0.49 | 1.16 |
| Up Capture | 128% | 84% | 216% | 163% | 79% | 150% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 21 | 31 | 58 | 106 | 352 |
| Down Capture | -17% | 42% | -15% | 150% | 138% | 110% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 11 | 22 | 31 | 65 | 142 | 394 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PD | |
|---|---|---|---|---|
| PD | -35.2% | 67.8% | -0.37 | - |
| Sector ETF (XLK) | 33.2% | 25.6% | 1.08 | 13.5% |
| Equity (SPY) | 18.8% | 12.9% | 1.07 | 15.1% |
| Gold (GLD) | 23.6% | 28.1% | 0.74 | -8.8% |
| Commodities (DBC) | 30.2% | 19.7% | 1.22 | -12.7% |
| Real Estate (VNQ) | 13.7% | 13.9% | 0.69 | 2.7% |
| Bitcoin (BTCUSD) | -44.8% | 42.9% | -1.26 | 14.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PD | |
|---|---|---|---|---|
| PD | -23.9% | 56.8% | -0.27 | - |
| Sector ETF (XLK) | 18.7% | 25.7% | 0.65 | 47.5% |
| Equity (SPY) | 12.6% | 17.1% | 0.56 | 49.5% |
| Gold (GLD) | 17.1% | 18.5% | 0.75 | 1.3% |
| Commodities (DBC) | 9.0% | 19.5% | 0.35 | 6.0% |
| Real Estate (VNQ) | 2.5% | 18.9% | 0.03 | 36.1% |
| Bitcoin (BTCUSD) | 14.2% | 53.3% | 0.45 | 27.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PD | |
|---|---|---|---|---|
| PD | -12.1% | 60.5% | -0.04 | - |
| Sector ETF (XLK) | 23.9% | 24.9% | 0.87 | 47.1% |
| Equity (SPY) | 15.0% | 17.9% | 0.71 | 45.3% |
| Gold (GLD) | 11.3% | 16.1% | 0.57 | 2.6% |
| Commodities (DBC) | 7.3% | 18.0% | 0.32 | 10.2% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 32.9% |
| Bitcoin (BTCUSD) | 58.2% | 66.2% | 0.98 | 22.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 7/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/28/2026 | 33.7% | 27.7% | 26.1% |
| 3/12/2026 | -2.8% | -5.1% | -16.6% |
| 11/25/2025 | -23.3% | -20.9% | -12.1% |
| 9/3/2025 | 6.3% | 2.2% | 5.6% |
| 5/29/2025 | -11.4% | -4.5% | -5.1% |
| 3/13/2025 | 17.7% | 20.8% | -0.9% |
| 11/26/2024 | 0.5% | 3.1% | -14.7% |
| 9/3/2024 | -1.1% | -3.3% | -1.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 13 | 13 | 14 |
| Median Positive | 13.0% | 9.9% | 14.9% |
| Median Negative | -7.7% | -4.5% | -9.6% |
| Max Positive | 33.7% | 34.7% | 27.9% |
| Max Negative | -25.8% | -33.1% | -21.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/28/2026 | 33.7% | 27.7% | 26.1% |
| 3/12/2026 | -2.8% | -5.1% | -16.6% |
| 11/25/2025 | -23.3% | -20.9% | -12.1% |
| 9/3/2025 | 6.3% | 2.2% | 5.6% |
| 5/29/2025 | -11.4% | -4.5% | -5.1% |
| 3/13/2025 | 17.7% | 20.8% | -0.9% |
| 11/26/2024 | 0.5% | 3.1% | -14.7% |
| 9/3/2024 | -1.1% | -3.3% | -1.7% |
| 3/14/2024 | -7.3% | -0.9% | -8.6% |
| 11/30/2023 | -0.3% | 0.5% | 0.6% |
| 8/31/2023 | -7.7% | -9.2% | -12.7% |
| 6/1/2023 | -17.1% | -19.2% | -18.9% |
| 3/15/2023 | 14.8% | 13.1% | 19.4% |
| 12/1/2022 | 5.1% | 6.6% | 14.9% |
| 9/1/2022 | -2.4% | 4.6% | -3.2% |
| 6/2/2022 | -5.1% | -2.6% | -0.9% |
| 3/16/2022 | 20.9% | 34.7% | 21.5% |
| 12/7/2021 | 11.2% | -3.3% | -5.5% |
| 9/2/2021 | 7.0% | -0.6% | -10.7% |
| 6/3/2021 | -13.0% | -1.8% | 3.9% |
| 3/17/2021 | -8.1% | -5.7% | 3.5% |
| 12/3/2020 | 26.2% | 32.7% | 27.9% |
| 9/2/2020 | -25.8% | -33.1% | -21.0% |
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 9 |
| # Negative | 13 | 13 | 14 |
| Median Positive | 13.0% | 9.9% | 14.9% |
| Median Negative | -7.7% | -4.5% | -9.6% |
| Max Positive | 33.7% | 34.7% | 27.9% |
| Max Negative | -25.8% | -33.1% | -21.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 05/28/2026 | 10-Q |
| 01/31/2026 | 03/12/2026 | 10-K |
| 10/31/2025 | 11/26/2025 | 10-Q |
| 07/31/2025 | 09/04/2025 | 10-Q |
| 04/30/2025 | 05/30/2025 | 10-Q |
| 01/31/2025 | 03/17/2025 | 10-K |
| 10/31/2024 | 11/27/2024 | 10-Q |
| 07/31/2024 | 09/04/2024 | 10-Q |
| 04/30/2024 | 05/31/2024 | 10-Q |
| 01/31/2024 | 03/15/2024 | 10-K |
| 10/31/2023 | 12/01/2023 | 10-Q |
| 07/31/2023 | 09/01/2023 | 10-Q |
| 04/30/2023 | 06/02/2023 | 10-Q |
| 01/31/2023 | 03/16/2023 | 10-K |
| 10/31/2022 | 12/02/2022 | 10-Q |
| 07/31/2022 | 09/02/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 05/28/2026 | 10-Q |
| 01/31/2026 | 03/12/2026 | 10-K |
| 10/31/2025 | 11/26/2025 | 10-Q |
| 07/31/2025 | 09/04/2025 | 10-Q |
| 04/30/2025 | 05/30/2025 | 10-Q |
| 01/31/2025 | 03/17/2025 | 10-K |
| 10/31/2024 | 11/27/2024 | 10-Q |
| 07/31/2024 | 09/04/2024 | 10-Q |
| 04/30/2024 | 05/31/2024 | 10-Q |
| 01/31/2024 | 03/15/2024 | 10-K |
| 10/31/2023 | 12/01/2023 | 10-Q |
| 07/31/2023 | 09/01/2023 | 10-Q |
| 04/30/2023 | 06/02/2023 | 10-Q |
| 01/31/2023 | 03/16/2023 | 10-K |
| 10/31/2022 | 12/02/2022 | 10-Q |
| 07/31/2022 | 09/02/2022 | 10-Q |
| 04/30/2022 | 06/03/2022 | 10-Q |
| 01/31/2022 | 03/17/2022 | 10-K |
| 10/31/2021 | 12/08/2021 | 10-Q |
| 07/31/2021 | 09/03/2021 | 10-Q |
| 04/30/2021 | 06/04/2021 | 10-Q |
| 01/31/2021 | 03/19/2021 | 10-K |
| 10/31/2020 | 12/04/2020 | 10-Q |
| 07/31/2020 | 09/03/2020 | 10-Q |
| 04/30/2020 | 06/05/2020 | 10-Q |
| 01/31/2020 | 03/19/2020 | 10-K |
| 10/31/2019 | 12/06/2019 | 10-Q |
| 07/31/2019 | 09/06/2019 | 10-Q |
Recent Forward Guidance
Updated 7/27/2026Latest: Q1 2027 Earnings Reported 5/28/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2027 Revenue | 122.00 Mil | 123.00 Mil | 124.00 Mil | 3.4% | Higher New | Guidance: 119.00 Mil for Q1 2027 | |
| Q2 2027 Non-GAAP Net Income Per Diluted Share | 0.29 | 0.3 | 0.31 | 25.0% | Higher New | Guidance: 0.24 for Q1 2027 | |
| 2027 Revenue | 488.50 Mil | 492.50 Mil | 496.50 Mil | 0 | Affirmed | Guidance: 492.50 Mil for 2027 | |
| 2027 Non-GAAP Net Income Per Diluted Share | 1.27 | 1.29 | 1.32 | 3.2% | Raised | Guidance: 1.25 for 2027 | |
Prior: Q4 2026 Earnings Reported 3/12/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Revenue | 118.00 Mil | 119.00 Mil | 120.00 Mil | -3.3% | Lower New | Actual: 123.00 Mil for Q4 2026 | |
| Q1 2027 Non-GAAP EPS | 0.23 | 0.24 | 0.25 | -2.0% | -0.5% | Lower New | Actual: 0.24 for Q4 2026 |
| 2027 Revenue | 488.50 Mil | 492.50 Mil | 496.50 Mil | 0.3% | Higher New | Actual: 491.00 Mil for 2026 | |
| 2027 Non-GAAP EPS | 1.23 | 1.25 | 1.28 | 12.6% | 14.0% | Higher New | Actual: 1.11 for 2026 |
Q3 2026 Earnings Reported 11/25/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | 122.00 Mil | 123.00 Mil | 124.00 Mil | -1.6% | Lower New | Guidance: 125.00 Mil for Q3 2026 | |
| Q4 2026 Revenue Growth | 0.0% | 1.0% | 2.0% | -4.0% | Lower New | Guidance: 5.0% for Q3 2026 | |
| Q4 2026 Non-GAAP EPS | 0.24 | 0.24 | 0.25 | 0.0% | 0.0% | Same New | Guidance: 0.24 for Q3 2026 |
| 2026 Revenue | 490.00 Mil | 491.00 Mil | 492.00 Mil | -0.8% | Lowered | Guidance: 495.00 Mil for 2026 | |
| 2026 Revenue Growth | 5.0% | -0.5% | Lowered | Guidance: 5.5% for 2026 | |||
| 2026 Non-GAAP EPS | 1.11 | 1.11 | 1.12 | 9.3% | 9.5% | Raised | Guidance: 1.02 for 2026 |
Insider Activity
Updated 7/20/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tejada, Jennifer | Executive Chair | Direct | Sell | 7202026 | 10.41 | 96,847 | 1,008,468 | 17,475,628 | Form |
| 2 | Tejada, Jennifer | Executive Chair | Direct | Sell | 7202026 | 10.70 | 302,100 | 3,232,470 | 17,957,286 | Form |
| 3 | Tejada, Jennifer | Executive Chair | Direct | Sell | 5202026 | 6.92 | 105,101 | 727,299 | 12,106,270 | Form |
| 4 | Tejada, Jennifer | Executive Chair | Direct | Sell | 5202026 | 6.98 | 358,400 | 2,501,632 | 12,944,843 | Form |
| 5 | Solomon, Dan Alexandru | Direct | Sell | 12312025 | 13.35 | 266,667 | 3,560,004 | 31,902,028 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tejada, Jennifer | Executive Chair | Direct | Sell | 7202026 | 10.41 | 96,847 | 1,008,468 | 17,475,628 | Form |
| 2 | Tejada, Jennifer | Executive Chair | Direct | Sell | 7202026 | 10.70 | 302,100 | 3,232,470 | 17,957,286 | Form |
| 3 | Tejada, Jennifer | Executive Chair | Direct | Sell | 5202026 | 6.92 | 105,101 | 727,299 | 12,106,270 | Form |
| 4 | Tejada, Jennifer | Executive Chair | Direct | Sell | 5202026 | 6.98 | 358,400 | 2,501,632 | 12,944,843 | Form |
| 5 | Solomon, Dan Alexandru | Direct | Sell | 12312025 | 13.35 | 266,667 | 3,560,004 | 31,902,028 | Form | |
| 6 | Solomon, Dan Alexandru | Direct | Sell | 7292025 | 18.00 | 48 | 864 | 47,825,550 | Form |
Investor Activity (13F)
Updated Aug 1, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
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